How shareholders make money

Play EVE Online for freeJust a few days ago, we awoke to news so unexpected that it made me check I hadn’t time-traveled to April 1st: EVE Online developer CCP Games is being bought by Black Desert Online studio Pearl Abyss for a total of $425 million USD. The news immediately kicked the EVE Online community into a frenzy, with most people’s gut reactions being overwhelmingly negative. Black Desert is known for its aggressive monetisation strategies and many EVE Online players were understandably worried that Pearl Abyss would try to force the same strategy onto EVE. CCP Games and Pearl Abyss have obviously been very positive about the buyout, with both companies issuing statements about the exciting new opportunities they see in working together. CCP has also been pretty quick to get a handle on the community discussion surrounding the deal, answering some questions on twitter and holding a Q&A thread on the EVE forum Friday nightt. The player-elected Council … [Read more...] about EVE Evolved: What could the sale of CCP Games mean for EVE Online?

Fraudster:a: a person who is not what he or she pretends to be :impostor; Meet the Sinclair ZX Spectrum Vega+, a handheld device designed with the backing of Sir Clive Sinclair himself, and a modern representation of everyone’s favorite 80’s computer system designed by Sir Clive Sinclair. The Vega+ was crowdfunded on Indiegogo back in March 2016 to the tune of over half a million pounds, exceeding the goal at 367% with a scheduled delivery date of September 2016. As you’ve probably guessed by this article’s existence, it hasn’t shipped yet. As nature seems to demand in these stories, the actions of Retro Computers Limited and those involved are a much more interesting crapshoot than the actual product itself, which again hasn’t shipped yet. (Full disclosure: I backed the Vega+ to the tune of £110, I fully expect this fact to be used against me but in the interest of disclosure and because my name and contribution are public, I … [Read more...] about Crowdfunding Fraudsters: The Sinclair ZX Spectrum Vega+

Circa June ’14 we knew a total of zero Angel Investors. Fast forward today, we’re proud to announce we have closed $632,000 in investment from 50 Angels. Here’s how we did it and what we learned in the process.
Before sailing out on the fundraising boat, I really wished if more startups had shared how they went about raising funds, especially first-timers.
We recently closed an Angel round, and I’m writing out this post to share all that we learned, the mistakes we made and how we managed to close our first round, without any previous experience of raising capital. In the later part, I’ll boil everything down to what worked and what did not.
By July 2014, we had spent a good 3 months thinking if we should raise funds or bootstrap. Sometimes bootstrapping makes more sense, but it didn’t in our case. So we finally decided to raise funds and close this round ASAP, but there was a problem: None of us had raised funds before and we knew a total of … [Read more...] about From Zero to Fifty: How AdPushup Closed $632K in Angel Investment

While the world has witnessed some of the genius inventors and industrialists who have gone on to change the world, there are very few of them of the caliber of Elon Musk. We all adore the inventions of Nikola Tesla, Alan Turing, the Wright brothers, Henry Ford and so forth. Their work has inspired and challenged the traditional practices, making way for something that was never conspired before. When we talk about modern-day visionary geniuses of that stature, there are few of them. One such visionary geniuses to have changed multiple industries is Elon Musk. Elon Musk is the real-life Tony Stark portrayed in the Iron Man Hollywood series. No doubt why Robert Downey Jr approached director Jon Favreau suggesting that they meet Elon Musk for portraying the character of Tony Stark better. P.S. There’s also a cameo of Elon Musk in The Iron Man 2 movie! Let’s take a dive into the life of Elon Musk and how this visionary genius has inspired mind-boggling innovations achieving … [Read more...] about Elon Musk- The Complete Journey of a Visionary Entrepreneur

Facebook is one of the best social product that the world has ever witnessed. With already being the attention of a Hollywood blockbuster, Mark Zuckerberg and team has not left any stone unturned to help in the rise and rise of Facebook.
Facebook is now the most visited website in the world after Google. But when compared to the revenues of Google, Facebook’s case makes it a very questionable affair. Facebook is not very well known for its money making antics since its very early days. Zuckerberg was even clueless about the effective way to make money off Facebook, as he was reluctant to using advertisements on the website.
Facebook Facts: 21 Interesting Stuff about Facebook
A recent conducted survey by The Search Agency, surveyed American Internet users. Of those surveyed, only 54% could actually say how Facebook earned money. That’s a simple indication on how Facebook isn’t clear over its revenue models with its users. Also 22% of the … [Read more...] about How Facebook Makes Money: An Interesting Insight Into The Network